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Author Question: The ____________ requires expenses to be recorded in the same time period as revenue. a. revenue ... (Read 48 times)

vicotolentino

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on: Jul 6, 2018
The ____________ requires expenses to be recorded in the same time period as revenue.
 a. revenue recognition principle
  b. matching principle
  c. accrual principle
  d. none of the answers listed

Question 2

After preparing the work sheet, adjusting entries must be recorded in the __________ and then posted to the ______________.
 a. general journal, general ledger
  b. trial balance, financial statements
  c. general journal, financial statements
  d. none of the answers listed


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guyanai

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

A


vicotolentino

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  • Posts: 552
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

nguyenhoanhat

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  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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